In the world of cryptocurrency, where wealth can be quickly gained or lost, even the most resolute skeptics sometimes wonder about the possibilities. Peter Schiff, a famous stockbroker and gold investor, recently admitted to missing out on the chance to invest in Bitcoin in 2010 when its value was only a few dollars. Bitcoin, the original cryptocurrency, has experienced significant fluctuations, reaching record highs of over $73,000 due to increased institutional interest and retail investment in Bitcoin ETFs. The sudden surge in value has propelled Bitcoin to be considered as a highly valuable asset, surpassing traditional investments such as gold. In the last year, Bitcoin has seen a massive increase of more than 0003%, which is much higher than the 13% rise in gold’s value. (Source) Additionally, the European Central Bank declared that Bitcoin was no longer viable, but since then its value has increased by $22,300. Many are surprised to hear Schiff admit that he missed the chance to invest in Bitcoin, especially since he has consistently criticized the cryptocurrency. In interviews from 2013 and 2014, Schiff compared Bitcoin to past financial bubbles like the “tulip mania” of the 17th century. Although he had been consistently doubtful, Schiff now acknowledges that he may have underestimated the profit potential of Bitcoin. Looking back on his previous position, he acknowledged, “I wonder if I should have invested $10,000, $50,000, or even $100,000 into it.”